Thursday 30th June 2016

Page 1

Former Minister, Ojo Maduekwe, Literary Icon, Elechi Amadi, Pass on Ekweremadu, Wike, Walid, Obi, Peterside express shock Iyobosa Uwugiaren, Onyebuchi Ezigbo in Abuja and Ernest Chinwo in Port Harcourt Family, friends and associates

were thrown into mourning yesterday when Nigeria lost two renowned figures – former Minister of Foreign Affairs, lawyer and politician, Chief Ojo Maduekwe, and

foremost literary icon, Captain Elechi Amadi (rtd), of “The Concubine” fame. Maduekwe, who was until his death the Secretary of the Board of Trustees (BoT) of the

Peoples Democratic Party (PDP), died yesterday at the age of 71 shortly after taking ill after he returned from a trip Continued on page 9

.. .. ..

Court Sacks Sheriff as PDP Chairman... Page 8

Maduekwe

Amadi

MTN Pays Another N30bn, Wins 2.6GHz Licence... Page 56 Thursday 30 June, 2016 Vol 21. No 7735. Price: N250

www.thisdaylive.com TR

UT H

& RE A S O

N

Kachikwu Signs $80bn Oil and Gas Infrastructure Deals in China Gets further commitments from Sinopec, CNOOC to close $20bn upstream deals in months

Ejiofor Alike in Lagos and Chineme Okafor in Abuja

Continued on page 8

TOP GAINERS NGN NGN % WEMA 0.06 0.81 8.0 JBERGER 2.42 50.93 4.9 BERGERPAINTS 0.36 7.67 4.9 SKYEBANK 0.05 1.09 4.8 UPL 0.21 4.58 4.8 TOP LOSERS NGN NGN % FIDSON 0.17 2.27 6.9 ASHAKACEM 1.05 19.95 5.0 CHAMPBREW 0.23 4.46 4.9 UPDC 0.22 4.28 4.8 TRANSEXP 0.07 1.41 4.7 HPE Nestle Nig Plc ₦N850.15 Volume: 305.813 million shares Value: N2.857 billion Deals: 4,640 As at yesterday 29/06/16 See details on Page 54

Investment opportunities - Ventures

Investment opportunities - Power

Plants

Project name

Description

1. Abuja power plant

Design, construct and operate a 1350MW power plant in Abuja 1.6-2.0

2. Kaduna power plant

Design, construct and operate a 900MW power plant in Kaduna 1.0-1.3

3. Kano power plant

Design, construct and operate a 900MW power plant in Kano 1.0-1.3

Project & Description

Investment required USD billions

Total

Ventures

3.

4.

4.

Investment required USD billions

1.Investment in equipment leasing (rigs, FPSOs) and operations & maintenance services

0.25-0.3

2.Development of multi-specialist hospital and cancer diagnosis and treatment centres at Lagos, Kaduna, Abuja, and Warri

0.25-0.3

3.Establishment of 400,000MT L-SAW Pipe Mill

0.23-0.3

3.6-4.5

0.7-1

Total

Gusau Maiduguri

Kano

4.

Zaria Source: NNPC ABUs, CP&S

Minna

Investment opportunities - Gas Infrastructure Project name

Description

Investment required USD billions

Nigeria 1. QIT to OB/OB BOO 261 km x 36 inches pipeline pipeline pipeline from QIT--Ukanafun project -Obigbo-Ob/Ob 2. OUA pipeline

BOO 418 km x 36 inches pipeline from ObigboUmuahia-Ajaokuta

1 3. AKK pipeline

BOO 683 km x 40 inches pipeline from Ajaokuta – Abuja – Kaduna – Kano (Already tendered)

Total

1.

Yola

Jos

Ilorin

Project & Description

Mosimi

0.9-1.1

1.3-1.6 1.3-1.6

Ibadan

Atlas call Cove

1,2.

4.

4. 3.

Historical returns on NNPC midstream projects have been in the range of ~10-15%

1. 7.

Makurdi

Ore Auchi

Satellite Mosimi

2.2-2.7

WRPC

Escravos

2.

4.

3. AKK pipeline

Calabar Port Harcourt

PHRC

1,2. 2.

Intervention & 1. KRPC Rehab of Water Treatment Plant Rehab of Power Generation System Revamp of Refinery Control System

Irehab

2. 24”X783km Warri/Port Harcout/Kaduna crude pipeline

0.8-1

New 16”x72.8km Atlas Cove to Mosimi 3. pipeline with associated upgrade of pumping station

0.1-0.12

4.Construction of 120,000 metric tons petroleum products storage tanks as strategic reserves

0.2-0.3

5.12km subsea pipeline Atlas Cove to Apapa

0.06-0.08

6.Installation of 100 new technology based product filling stations with ultramodern 0.3-0.4 forecourt facilities Total

6.

2. PHRC

3. Kano power plant Investment opportunities - Upsteam Gas Development Description

1.

1. Abuja power plant 0.4-0.5

2. Kaduna power plant

2. PHRC n

Procurement and Installation of Boilers System Crude / Product Storage & Evacuation 0.3-0.4

3. WRPC n Col-located refineries Total

Rehab of Waste Water Treatment Plant Upgrade jetty; dredge channel Rehab of Power Plant & Utilities

0.6-0.7

4. PHRC Additional Capacity of 50 kbopd

0.1-0.2 1.4-1.8

Historical returns on NNPC midstream projects have been in the range of ~10-15%

3-3.9

Historical returns on NNPC downstream projects have been in the range of ~15%+

1. QIT to OB/OB pipeline 1.

1.6-2

Pipeline depot

2.

Investment opportunities - Refineries Investment required USD billions

1.Revamp LPG and build new CNG plants

Retail

2. OUA pipeline

1.

3.

2.

Investment required USD billions

LPG/CNG

1,4 KRPC

Aba

Bonny

5.

Makurdi

Enugu

Benin

Warri

3. WRPC

Project & Description

Investment opportunities - Downstream

Suleja

Gas Development

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has signed Memorandums of Understanding (MoUs) with several Chinese firms for over $80 billion new investments, spanning five years, in the oil and gas industry covering pipelines, refineries, gas and power, facility refurbishments and upstream financing. Speaking exclusively to THISDAY yesterday from Beijing, China, Kachikwu said the agreements had been executed during the

SCHEMATIC MAP FOR THE OIL AND GAS INFRASTRUCTURE GAPS

Power Gas Infrastructure Refineries Ventures Downstream Upstream Gas Development

Investment required USD billions

1. Development of 4.3TCF Asaa North/Ohaji South 500-600mmscfd 1.2-1.5 2. Development of 6.5TCF Ekulama, Awoba and Alakiri 250-500mmscfd 0.6-0.8 3. Development of 6.4TCF gas fields (SamabriBiseni, Akri- Oguta, Ubie-Oshi, and 1.5-1.9 Afuo-Ogbainbiri)500-600mmscfd

4. Development of 7TCF NPDC’s OML 26, 30 & 42 500-600mmscfd 0.9-1.1 5. Development of 2.2TCF SPDC JV Gas Supply to Brass Fertilizer Company 0.1-0.2 270mmscfd 6. Cluster development of 5TCF OPL 2001, 2002 and 2003 to support the expansion of Seven Energy Uquo Gas Plant; 400mmscfd 1.8-2.3 7. Cluster development of 6TCF Okpokunou/ Tuomo West (OML 35/62) 7.3-9.2 500-600mmscfd

Total

7.3-9.3

Historical returns on NNPC upstream projects have been in the range of ~ 15%+

Source: NNPC ABUs, CP&S


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